Plum (UK) Limited - Filleted accounts

Plum (UK) Limited - Filleted accounts

PLUM (UK) LIMITED - Company Information

Print Friendly Version

Registered number
04216019
Plum (UK) Limited
Unaudited Filleted Accounts
31 March 2017
Plum (UK) Limited
Registered number: 04216019
Balance Sheet
as at 31 March 2017
Notes 2017 2016
£ £
Fixed assets
Tangible assets 3 179 239
Current assets
Debtors 4 7,760 7,760
Cash at bank and in hand 5,904 1,395
13,664 9,155
Creditors: amounts falling due within one year 5 (28,518) (17,752)
Net current liabilities (14,854) (8,597)
Net liabilities (14,675) (8,358)
Capital and reserves
Called up share capital 2 2
Profit and loss account (14,677) (8,360)
Shareholder's funds (14,675) (8,358)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs. L Z Lawson-Johnston
Director
Approved by the board on 22 December 2017
Plum (UK) Limited
Notes to the Accounts
for the year ended 31 March 2017
1 Accounting policies
Basis of preparation
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets
Tangible fixed assets are measured at cost less cumulative depreciation and any cumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Going concern
The Company has net liabilities and is therefore dependendent upon the continuing support of its creditors and directors. On the basis that this support is expected to continue, the accounts have been drawn up on the going concern basis.
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2016 4,142
At 31 March 2017 4,142
Depreciation
At 1 April 2016 3,903
Charge for the year 60
At 31 March 2017 3,963
Net book value
At 31 March 2017 179
At 31 March 2016 239
4 Debtors 2017 2016
£ £
Trade debtors 7,760 7,760
5 Creditors: amounts falling due within one year 2017 2016
£ £
Trade creditors 264 231
Other creditors 28,254 17,521
28,518 17,752
6 Controlling party
The company is controlled by Mrs. L Z Lawson-Johnston who owns all the share capital.
7 Other information
Plum (UK) Limited is a private company limited by shares and incorporated in England. Its registered office is:
Manningford Studios
Woodborough
Pewsey
Wiltshire
SN9 5PG
Plum (UK) Limited 04216019 false 2016-04-01 2017-03-31 2017-03-31 VT Final Accounts June 2017 Mrs. L Z Lawson-Johnston No description of principal activity 04216019 core:WithinOneYear 2016-03-31 04216019 core:ShareCapital 2016-03-31 04216019 core:RetainedEarningsAccumulatedLosses 2016-03-31 04216019 2016-04-01 2017-03-31 04216019 bus:PrivateLimitedCompanyLtd 2016-04-01 2017-03-31 04216019 bus:AuditExemptWithAccountantsReport 2016-04-01 2017-03-31 04216019 bus:Director40 2016-04-01 2017-03-31 04216019 1 2016-04-01 2017-03-31 04216019 2 2016-04-01 2017-03-31 04216019 core:PlantMachinery 2016-04-01 2017-03-31 04216019 countries:England 2016-04-01 2017-03-31 04216019 bus:FRS102 2016-04-01 2017-03-31 04216019 bus:FullAccounts 2016-04-01 2017-03-31 04216019 2017-03-31 04216019 core:WithinOneYear 2017-03-31 04216019 core:ShareCapital 2017-03-31 04216019 core:RetainedEarningsAccumulatedLosses 2017-03-31 04216019 core:PlantMachinery 2017-03-31 04216019 2016-03-31 04216019 core:PlantMachinery 2016-03-31 iso4217:GBP